September 2018
Key Observations
For the month of September 2018, the yield on the 5-year US Treasury Note ended at 2.95%, 21 basis points higher from the previous month. The Bloomberg Barclays US High Yield Index tightened by 22 basis points to 3.16% over Treasuries. The BB Rated Corporate Credit Spread decreased by 15 basis points to 2.06%. The B Rated Corporate Credit Spreads tightened by 23 basis points to 3.12%. The CCC Rated Corporate Credit Spread decreased by 27 basis points to 5.84%.